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$1,175,000

Beds
2
Baths
2.0
sq ft
1,170

6925 Gulf of Mexico Dr Unit 24, Longboat Key, FL 34228

6925 Gulf of Mexico Dr Unit 24

LONGBOAT KEY, FL 34228

  • 2 days on market
Rarely available! This beachfront condominium balances scenic water views with the peace of mind that comes with a second-floor height elevation. Tucked back from the surf into the cozy, gated community of Sea Pines on Longboat Key, this recently renovated corner unit combines modern elegance and breathtaking vistas with the soothing sound of waves against the shoreline. The spacious open floor plan offers two bedrooms, two baths and a versatile den that provides additional guest sleeping quarters. Its calm color palette and coastal-inspired finishes include neutral flooring and paint throughout, designer plumbing fixtures, upgraded lighting, plantation shutters and solid surface countertops. The beautiful kitchen provides the chef with water views, modern cabinets, attractive open shelving, solid surface countertops with an attractive tile backsplash, charming shiplap walls, upgraded GE Cafe appliances and a spacious pantry. The primary suite also offers Gulf and pool views, a spacious walk-in closet and a spa-like en-suite bath with a walk-in shower. The main living space and primary bedroom both open onto a 26-foot newly screened lanai, offering a relaxing space to dine or just listen to the waves as you take in the magnificent Gulf sunsets. The spacious guest suite also offers a spacious walk-in closet and an en-suite bath. This unit conveniently comes with a full-size, side-by-side washer and dryer. The sound of the sea and amazing sunsets will be your constant companion in this exquisite tropical setting. Sea Pines is an intimate complex of 28 condominiums perfectly located on the quiet northern end of Longboat Key’s pristine white sand beaches. Security and privacy are ensured with a gated entry. Community amenities include a large heated pool surrounded by lounging and dining furniture, a private beach path, barbecue grills, lush tropical landscaping, a pet-friendly atmosphere and excellent income possibilities. A short walk to Longboat Village with its excellent waterfront restaurants, such as Mar Vista, Shore and Whitney’s. Anna Maria Island is just to the north, and St. Armands Circle and downtown Sarasota are to the south. This is a very special island lifestyle on one of the most beautiful beaches in the world — come see it for yourself!

Details

Property type

Condominium

Est. home value

$1,054,029

Lot size

3.6 acres

Price per sq ft

$1,005

Year built

1973

Annual property taxes

$11,340

HOA

Yes

Price History

01/07/2025
StellarMLS

StellarMLS #A4634689

Listed
$1,175,000
-0.68%
12/05/2024
StellarMLS

StellarMLS #A4606763

Removed
$1,183,000
11/01/2024
StellarMLS

StellarMLS #A4606763

Listed
$1,183,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$666,377
Asking price
$1,175,000
Closing costs (~8% of asking)
-$94,000
Est. remaining loan balance
-$414,623
Cash to seller
$666,377

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homestead Funding Corp

Loan start date

September 2020

Original loan amount

$458,100

Est. remaining balance

$414,623

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

James Paratore

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/08/2025 at 9:30 PM

Listing updated: 01/08/2025 at 1:48 PM

Listed by: Kathleen Wingate, PREMIER SOTHEBYS INTL REALTY Phone #: (941) 383-2500

MLS: StellarMLS #A4634689

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